THE UK NEEDS A BIG BOOST IN NUMBER OF RENTAL PROPERTIES TO COVER DEMAND

If the private rented sector is to meet the increasing challenges being placed on it to satisfy ever increasing demand, maintain standards and prevent rents from rocketing, there needs to be urgent reform of its tax treatment and regulation….

With a joint report published by Savills and Rightmove having predicted that by 2016 one in five households will be in the private rental sector, action is needed to boost supply, not least because but-to-let lending remains at only around a third of levels seen in 2007.